$2,450,000 Active
1081 Sandy Way
Olympic Valley, CA 96146

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
The remarks mention an ADU or guest unit: in Truckee, much of Placer and Washoe’s Tahoe area, and parts of Nevada County an ADU can’t be a short-term rental, so count on the main house only.
More Lake Tahoe homes for sale where STRs are allowed →
5 Beds
·
4.5 Baths
·
4,155 Sq Ft
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Our data on this home

Short-term rental income $35K – $100K/yr Est. gross · $462/night · 47.4% booked Home insurance $8,500 – $9,900/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Offering exceptional value in Olympic Valley, this expansive mountain retreat is situated toward the end of a quiet cul-de-sac with sunny southern exposure, offering mountain views and abundant off-street parking. With over 4100 sqft of indoor living space, multiple outdoor seating areas, and a spacious level yard with a custom putting green. The versatile floor plan lives like three homes under one roof, featuring a main residence with two suites and a large secondary living area ideal for a bunk room, game room, or additional gathering space, plus two separate ADUs located above and below the garage, all with their own entrances and plentiful parking. This flexible layout is perfect for extended family, guests, multi-generational living, or rental income potential. Built as a primary residence for 'Master Plumber', Dale Cox of Squaw Valley Plumbing, the home showcases exceptional mechanical systems, including full-house hydronic radiant heating with individual thermostats and shut-offs in every room. Advanced hydronic snow-melt systems serve the driveway, walkways, and roof eaves, providing effortless winter maintenance. Additional highlights include a steam shower in the primary suite, extensive storage, a heated garage, 2 large level driveways, and a prime location near the bike path leading to the Village at Palisades Tahoe. A rare combination of size, flexibility, exceptional engineering/mechanics, and convenience, this property offers outstanding year-round living and easy access to world class recreation in the heart of Olympic Valley.

Listed by Brendan Boyle — Mountain Luxury Properties Tah

Listing Details

Status Active
MLS # 20261164
Days on Market 129
Price/Sq Ft $590

Property History

Jun 15, 2026
Listed for sale
$2,450,000
Property Overview
Beds 5
Baths 4.5
Sq. Ft. 4,155
Lot Size 0.28 acres
Year Built 1994
Property Type Single Family Residence
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096180007000
Parking
Garage Spaces 2
Parking Features Two, Attached, Heated Garage, Insulated, Plumbing, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped, Rental History
View Trees/Woods, Mountain(s)
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, Hydronic, Radiant, In Floor
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
74
PROJECTED GROSS ANNUAL REVENUE
$35K – $100K typically ~$80,000
~$6,667 per month
Avg Nightly
$462
Occupancy
47%
Cap Rate
1.3%

STR Investment Summary — 1081 Sandy Way, Olympic Valley

Est. Gross Annual Revenue
$35K – $100K
typically ~$80,000
Avg Nightly Rate
$462
Projected Occupancy
47.4%
Cap Rate
1.3%
Structural Score: 74 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Olympic Valley. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$8,500 – $9,900/yr
about $767/mo
Est. Rebuild Cost (Coverage A)
$2,285,250
FAIR Plan (fire)
$7,100/yr
DIC wrap (theft, water, liability)
$1,400 – $2,800/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$15,332 per month
Principal & interest
$12,389/mo
Property taxes
$2,176/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$767/mo
CA FAIR Plan + DIC estimate, ~$8,500–$9,900/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($490,000)
Home price
$2,450,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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